Tahoe bonds get upgraded | TahoeDailyTribune.com

Tahoe bonds get upgraded

Northern Nevada Business Weekly

Tight controls on development in the Lake Tahoe basin meant the region escaped the housing boom-and-bust

cycle, notes Fitch Ratings as it upgrades the rating of $4.5 million in bonds issued to build recreation facilities on the South Shore. Fitch notes, too, that nearly 11 percent of property taxes in the South Lake Tahoe area are paid by time-share projects.

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